17/11/2014 | Argentina

Foreign currency reserves at the Central Bank have increased to 28.78 billion dollars, as the entity completed the second part of a swap with its Chinese counterpart that injected the equivalent of 506 million dollars into the Bank's accounts.

15/12/2014 | Argentina

10/09/2014 | Argentina

Lawmakers in the Lower House of Congress began to discuss the Executive’s Sovereign Payment bill a few minutes after noon today. The project has already been approved by the Senate and is expected to be passed between 4 and 6am tomorrow.

11/09/2014 | Argentina

Cabinet chief Jorge Capitanich celebrated that the government’s new debt swap plan became a law and bashed opposition lawmakers who voted against the Executive’s bill saying they “respond to a strategy designed by vulture funds.’

10/09/2014 | Argentina

As the Lower House is set to pass the new debt swap bill, cabinet chief Jorge Capitanich highlighted the broad support Argentina received at the United Nation’s General Assembly for a legal framework for sovereign debt restructuring processes, and urged opposition lawmakers to show the same support for the government.

24/08/2014 | Argentina

Fintech Advisory hedge fund head David Martínez Guzmán has said the fund is willing to accept the new debt swap proposed by the Argentine government in order to “isolate (US) judge Thomas Griesa and vulture funds, and resume the chain of payment arbitrarily interrupted.”

25/08/2014 | Argentina

Cabinet Chief Jorge Capitanich rejected media reports that China is demanding Argentina to get out of default before it approves infrastructure credits to finance dam projects in the Santa Cruz province.

26/08/2014 | Argentina

Cabinet Chief Jorge Capitanich defended once again the Executive’s bill to be discussed in Congress this week that seeks to open a new debt swap with local Nación Fideicomisos as trustee, and announced that Economy Minister Axel Kicillof, Treasury Attorney Angelina Abbona and Legal and Technical Secretary Carlos Zanini will brief lawmakers tomorrow on the details of the “Sovereign Payment” bill.

21/08/2014 | Argentina

Cabinet Chief Jorge Capitanich reiterated that the bill pushed by the Executive “is not about a change of jurisdiction but of venue” and pledged that bondholders who voluntary accept the new swap will have “clear, certain” chances to receive payment.

21/08/2014 | Argentina

The cabinet chief bashed Buenos Aires City Mayor Mauricio Macri for his remarks against the national government’s plan to reopen the debt swap, replacing the Bank of New York Mellon with local Banco Nación as trustee.

21/08/2014 | Argentina

The Cristina Fernández de Kirchner administration should not rely on Radical MPs’ support to the government-sponsored bill seeking to reopen Argentina’s debt swap, head of the party Ernesto Sanz said as he called for “responsibility, seriousness and rectitude” in the debate.

27/02/2013 | Argentina

Argentina's defence urged a US appeals court today to come up with a "workable" solution to its long-running fight with so-called holdout bondholders, and assured the country will not pay an amount exceeding the one set in the debt-swaps.

26/06/2014 | Argentina

Following the announcement made earlier by Economy Minister Axel Kicillof who informed the government had paid more than a billion dollars to exchange bondholders today, Preisdent Cristina Fernandez de Kirchner used her Twitter account to say "Argentina pays."

18/10/2012 | Argentina

Chaco governor Jorge Capitanich once again defended the decision to swap a dollar debt into pesos and assured that the National Government had not had any involvement in the decision he made last week. He also stated that the province followed a Central Bank disposition.

29/12/2012 | Argentina

Argentina called for the New York Appeals Court to dismiss rulings that would force the country to pay vulture funds, and the request was immediately backed by US. Argentina also confirmed that it plans to reopen the debt swap in the same terms set in 2010.

05/08/2011 | Argentina

Cristina Fernández de Kirchner's administration canceled an offer for creditors to swap up to $263 million and 54 million euros in defaulted Brady bonds for new debt, two weeks after a US court ruling effectively blocked the exchange.

31/08/2014 | World

Ukraine and Russia swapped soldiers who had entered each other's territory near the battlefield in eastern Ukraine, where Kiev says Moscow's forces have come to the aid of pro-Russian insurgents advancing for an assault on a major port.

08/03/2012 | World

Greece secured an overwhelming acceptance of a bond swap offer to private creditors and beat its own most optimistic forecasts, a senior official said after the deadline expired on a deal needed to avoid a chaotic debt default.

13/03/2012 | World

Fitch lifted Greece's credit rating out of default territory, becoming the first major rating agency to take the widely expected move after Athens completed a debt swap that cut its debt by about 100 billion euros.

12/12/2011 | World

Greece began a round of talks with the EU, the IMF and bankers on Monday, with negotiators facing a tight timetable to decide key aspects of a new bailout plan to pull the country out of its economic crisis.

22/02/2012 | World

Fitch cut Greece's long-term ratings today to its lowest rating above a default, becoming the first ratings agency to make the widely expected downgrade after the country announced a bond exchange plan to ease its massive debt burden.

03/11/2011 | Latin America

Cubans will be able to buy and sell houses for the first time in more than five decades in a long-awaited reform that legalizes what many have done for years but also restricts how much property they can own, state-run press said.